Chemical workers union VDSz on Monday pressed for a professional agreement with a government commissioner on restarting production at MAL Hungarian Aluminum Producing and Trading Company's alumina plant as soon as possible.

Every minute the plant remains shut down is expensive, VDSz said.

The plant, in W Hungary, was shut down a week earlier, after one of its sludge reservoirs ruptured, flooding several villages and killing at least eight people. On Monday, Parliament approved legislation that gives a government commissioner managerial powers at the company as well as control of its assets.

Prime Minister Viktor Orbán on Monday said it was “in the public interest” that production restart at the alumina plant and that jobs there be kept safe, but added that steps must be taken to prevent further damage to the environment. (MTI-Econews)

Related articles

In June 2018, the volume of industrial output in Hungary grew by 4.2% year-on-year, according to a second estimate of data by the Central Statistical Office (KSH), confirming the headline figure released on August 8. Based on working day-adjusted data, production rose by 3.1%.

Real estate developer and investment company Wing Zrt. announced on Friday the sale of the MOM Park shopping mall and office property building complex in Buda. The value of the transaction has not been disclosed.

In May 2018, the volume of industrial output grew by just 0.4% year-on-year, the Central Statistical Office (KSH) reported in a second estimate Thursday, confirming its flash reading released last week. Adjusted for the number of working days – of which there was one more in the base period – output climbed 3.8%.

Hungaryʼs industrial output rose 0.4% year-on-year in May, the Central Statistical Office (KSH) said in a first reading of data on Friday. Output growth could accelerate further this year, analysts say.

In April 2018, the volume of industrial production rose 7.8% year-on-year, a second estimate by the Central Statistical Office (KSH) says, confirming the earlier flash estimate. Based on working day-adjusted data, however, production rose only 2.9%.

Chinaʼs Zhejiang Kaishan Compressor Co. has agreed to build a HUF 45 billion geothermal power plant in Tura, east of Budapest, Minister of Foreign Affairs and Trade Péter Szijjártó told national news agency MTI during a visit to Shanghai yesterday.

In April 2018, the volume of industrial output increased by 7.8% year-on-year, according to a first estimate by the Central Statistical Office (KSH). Based on working day-adjusted data, production rose by 2.9%.

Futureal Group has begun construction of the Etele Plaza mall in Budapest, near the Kelenföld railway station. The shopping and entertainment center, with a gross building area of 155,000 square meters, will be the biggest of its kind on the Buda side of the city.

German carmaker Daimler turned out more than 190,000 vehicles at its base in Hungary last year, up 4.1% from 2016, Christian Wolff, managing director of local operation Mercedes-Benz Manufacturing Hungary Kft., said at a press conference on Monday.

The Mercedes-Benz plant in Kecskemét, central Hungary, has started production of its new A-Class executive car. This makes the Hungarian plant the second location worldwide to produce the new compact model.